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Studies & Numbers

US Plant-Based Sales Smash $7.4Bn as Conventional Dairy & Egg Industries Decline

Despite the economic hardships of the global pandemic, supply chain issues, and inflation, new data has revealed the unstoppable growth of the plant-based industry in the US. Retail sales of plant-based foods grew 6.2% in 2021 bringing the total plant-based market value to a record high of $7.4 billion. According to market research by the Plant Based Foods Association, The Good Food Institute, and SPINS, plant-based food retail sales grew three times faster than total food retail sales, with most plant-based categories outpacing their conventional counterparts. Innovation and variety in plant-based meat, egg, and dairy alternatives drive growth as consumers continue to turn to vegan products.  Plant-based dairy According to the report, plant-based milk dollar sales grew 4% to reach $2.6 billion, while conventional dairy …


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Market & Trends

Plant-Based Food Sales in USA have Accelerated Twice as Fast as Animal Meat Sales During Pandemic

A report from The Plant-Based Foods Association (PBFA) and SPINS provides data for the US which evidences the strength of the plant-based food market. An example summarised is that since the initial spikes caused by panic buying, plant-based meat sales have maintained continued growth whilst animal meat sales continue to decline.